The full-service stock broker Anand Rathi is all set for Diwali 2024. The brokerage has selected a pack of stocks to invest in Samvat 2081. The brokerage firm has picked five stocks to lighten up Samvat 2081. Here are the top picks of Anand Rathi: Interglobe Aviation InterGlobe Aviation, known as IndiGo, is India’s leading
Earnings disappointment and Chinese stimulus has seen foreign investors taking out money from India. But Sankaran Naren is also worried about investors’ overenthusiasm in the derivatives market. He tells FE that the RBI is unlikely to cut rates in December if growth rates don’t go down materially. Excerpts: After a wonderful run of almost five
By Siddharth Vora When you’re driving a car and approach a bumpy road, you shift to a lower gear to gain better control. This helps you maintain a slower, more manageable speed, making it easier to handle bumps and obstacles safely. On the highway, though, you shift into a higher gear for better fuel efficiency
As Dhanteras approaches, gold buyers are reflecting on a prosperous year, with those who purchased the yellow metal on last year’s Dhanteras, November 10, 2023, enjoying returns of around 30%. Despite this substantial rise, experts predict further upside potential, with gold prices expected to reach Rs 87,000 per 10 grams by next Dhanteras, reflecting an
The highly anticipated mega Swiggy India IPO, backed by SoftBank, is set to open for public subscription on November 6, with the window closing on November 8. Through this IPO, Swiggy plans to raise approximately R 11,300 crore. The price band for Swiggy’s IPO has been set between Rs 371 and Rs 390 per share
Go to Live UpdatesWaaree Energies Share Price today Live: Waaree Energies’ shares continued to climb for the second consecutive day after a strong market debut on Monday, reflecting strong investor interest. The stock closed its first day at Rs 2,345 on the NSE, representing a 56% premium to its IPO price of Rs 1,503, and
NTPC Green Energy, the renewable energy subsidiary of NTPC, has got the green light from the Securities and Exchange Board of India (SEBI) to proceed with its highly anticipated initial public offering (IPO). The company initially submitted its draft papers to SEBI on September 18, 2024, and plans to raise Rs 10,000 crore through the
Petrol, Diesel Price Today 29 October 2024: Oil prices went up on Tuesday after recording a sharp decline in the last session as the US is planning to buy oil from the Strategic Petroleum Reserve. Investors’ focus continues to be on the development in the Middle East. Brent crude futures surged by 44 cents to
After an exceptional July, when inflows into equity funds soared to Rs 42,702 crore – the highest this calendar year – in August, flows were more subdued at Rs 33,430 crore – a drop of 22%, according to data from Association of Mutual Funds in India (Amfi). Retail investors continued to tap the equity market
UltraTech Cement is stepping up its play in southern India, with the region emerging as a critical growth engine for the country’s largest cement maker. According to analysts, the company has increased the south’s share of its total grey cement capacity to about 27%, compared with 16% in FY23, while its share of the industry’s
The initial public offer of app-based beauty and home services platform Urban Company Ltd got fully subscribed hours after opening for bidding on Wednesday and later ended the day with 3.13 times subscription. The IPO received bids for 33,37,87,825 shares against 10,67,73,244 shares on offer, translating into 3.13 times subscription, as per NSE data. ALSO
When the Unified Pension Scheme (UPS) was announced as an option in place of the National Pension System (NPS) for around 24 lakh central government employees, employee unions and experts flagged multiple issues in the scheme. One of the issues they raised pertained to the denial of pension benefits till actual superannuation on voluntary retirement
India added 3.8 gigawatt (GW) of solar open access capacity in the first half of the calendar year 2025, down over 4% from 3.9 GW added in the first half of 2024, as per data from Mercom. In the second quarter of 2025, the country added 2.7 GW of solar open access capacity. ALSO READOrder
